Industry consolidation Damulakai rare earth industry faces strong integration

"Rare earth industry consolidation only China's economic restructuring, optimize the layout of a capacity segments , more traditional industries are faced with the arduous task of integration and optimization , such as home appliances, steel, cement, non-ferrous metal smelting and other industries have excess capacity exists , the waste of resources , inefficiency and other serious problems . " yesterday, for the rare earth industry consolidation issues , the investment adviser metallurgical industry researcher Anhai Xuan pointed out in an interview with reporters .

September 11 , the Ministry of Industry and Information Technology Vice Minister Su Bo attended the 2013 Summer Davos Forum, said that to increase efforts to investigate illegal rare earth mining and pollution control efforts, a large group of rare earth industry consolidation will be completed before the end of the year .

"Without integration, it is impossible to achieve industrial upgrading and transformation , it is impossible to solve the problem of environmental pollution ." China Securities Regulatory Commission Qi Bin, director of Research Center recently wrote that China many industries facing many common problems, such as excess capacity, excessive decentralization , there is no scale, technological innovation capability is inadequate.

Commission Vice Chairman Jiang Yang in the " 2013 CCTV Chinese Listed Companies Summit" also stressed the need to promote industry consolidation through mergers and acquisitions , and guide enterprises to absorb the excess capacity .

An Haixuan that, at present , more serious chaos rare earth industry , the industry has long sustained downward trend , industry consolidation at national level decision-making from the rare earth industry point of view of sustainable development .

"In fact, industry consolidation work has been in full swing , the state authorities have developed a detailed and effective adjustment strategy , and urge local governments to actively support the implementation of the banking system ." Anhai Xuan said , "However, the integration of the various industrial policy is not isolated implementation of the industry consolidation is ongoing , and do not Ganxiu 's . "

Insiders said that in addition to the rare earth industry , the country has been in solar , coal , LED and other industries opened a large network integration , spare no effort for its mergers and acquisitions .

Qi Bin, believes that in the heavy industrialization phase of today's China , it should be dropping the power of capital , with the means to integrate acquisitions revitalize the stock of China's economy , so that on a new level, accelerate the completion of China 's heavy industrialization process , which is economic restructuring inevitable requirement.


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